I've gotten many inquiries this year from Home Buyers (particularly first-time homebuyers)
that are interested in purchasing a 2-family home. What I usually begin with is to determine
(from the Listing Agent or the town records) is whether the house is indeed a "legal 2-family".
This is key and other Agents will advise their prospective Buyers to check on this also. I suggest
that you check with the town (in this case Kenilworth) to determine what the zoning is for that
particular block/house. You don't want to proceed with the work (and $$) if you aren't going to be able to legally rent it as a 2-family if that is part of your plan. Most legal 2-family homes have separate
utilities (heat, electric, water) , separate compliant entrances, mailboxes, etc. A lot also depends upon whether you're doing this for yourself (so you can be the Landlord to 2 units, or owner occupy one and rent the other?), or whether you are undertaking this in the hopes of making it a more appealing property to sell.
Please let me know if I can be of further assistance to you.
Prudential NJ Properties
You sent another email with about the same question. I will go ahead and answer your other email.
Graduate of Realtor Institute, GRI
Certified Residential Specialist, CRS
At Home With Diversity: One America, AHWD
185 Elm St. Westfield, NJ 07090